Don LeBuhn Acquires Tampa Retail Property For $44.5M With Buyer's Rep Cushman & Wakefield
1810 N Westshore Tampa, FL 33607
$44,500,000
$664/SF
Building Size
67,019 SF
Asset Type
Retail
Closing
May 2, 2022
AI
Located at 1810 N Westshore in Tampa, this retail property spans across 6.67 acres. The transaction took place on May 3, 2022, with a sale price of $44,500,000. The total square footage of the property is 67,019, resulting in a price per square foot of $664.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $44,500,000
- Address: 1810 N Westshore, Tampa
- Square Footage: 67,019
The buyer's representative in this deal was Don LeBuhn from Cushman & Wakefield, while the seller was represented by Greg Matus and Adam Tiktin from Franklin Street. The seller of the property was Saber Real Estate Advisors & ARC Trust.
Players
Tampa Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93